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Internationaler Buchtitel. In englischer Sprache. Verlag: Springer-Verlag GmbH, HC runder Rücken kaschiert, 404 Seiten, L=235mm, B=155mm, H=26mm, Gew.=765gr, 2. Auflage. [GR: 17830 - HC/Volkswirtschaft], Gebunden, Klappentext: This book provides pathbreaking statistical evidence on when the Administration tried to influence monetary policy and when the Federal Reserve did and did not respond. This revised edition provides the first statistical evidence on why the Federal Reserve behaved the way it did. Included in the book is the SAFER data series (Signalling from the Administration to the Federal Reserve) for the entire 1992--1994 period. Expanded data sets on the effect of Congressional and private pressures on monetary policy will be of interest to market participants and scholars who would use these sources to predict movements in short-term interest rates. This new edition includes recent evidence on the causes and effects of Presidential appointments to the Federal Reserve helping to predict the monetary policy voting behavior of prospective Federal Reserve Board appointees. The book closes by developing an innovative plan to restructure the Federal Reserve that would be mutually acceptable to politicians and central bankers, while simultaneously improving inflation performance. [Ausgabe: 95002] This book provides pathbreaking statistical evidence on when the Administration tried to influence monetary policy and when the Federal Reserve did and did not respond. This revised edition provides the first statistical evidence on why the Federal Reserve behaved the way it did. Included in the book is the SAFER data series (Signalling from the Administration to the Federal Reserve) for the entire 1992--1994 period. Expanded data sets on the effect of Congressional and private pressures on monetary policy will be of interest to market participants and scholars who would use these sources to predict movements in short-term interest rates. This new edition includes recent evidence on the causes and effects of Presidential appointments to the Federal Reserve helping to predict the monetary policy voting behavior of prospective Federal Reserve Board appointees. The book closes by developing an innovative plan to restructure the Federal Reserve that would be mutually acceptable to politicians and central bankers, while simultaneously improving inflation performance.

Thomas Havrilesky:

The basic motivation underlying this book is the relationship between political processes and macroeconomic consequences, especially in the area of monetary policy. Monetary policy is an area where political considerations regularly impact upon economic results. In the politically and economically turbulent period from the late 1960s through the early 1980s, it became clear that the directions taken by monetary policy were changing with some frequency. By the late 1970s it became obvious that monetary policy's reactions to the state of the economy shifted in a rather irregular pattern. Moreover, it was equally apparent that since 1970 many of the impulses for these shifts appeared to come from the executive branch of government. In the mid 1980s evidence demonstrated realistically how monetary policy is related to political phenomena. The author has spent the last thirty years investigating and measuring the political and private sector pressures on monetary policy and showing how the monetary authority assimilates and responds to these pressures. This book is the first and most comprehensive study of outside, political and private, influences on Federal Reserve policy. Textbooks New Books ~~ Business & Economics~~ Finance ~~ General Pressures-on-American-Monetary-Policy~~Thomas-Havrilesky Springer Netherlands This book provides pathbreaking statistical evidence on when the Administration tried to influence monetary policy and when the Federal Reserve did and did not respond. This revised edition provides the first statistical evidence on why the Federal Reserve behaved the way it did. Included in the book is the SAFER data series (Signalling from the Administration to the Federal Reserve) for the entire 1992--1994 period. Expanded data sets on the effect of Congressional and private pressures on monetary policy will be of interest to market participants and scholars who would use these sources to predict movements in short-term interest rates. This new edition includes recent evidence on the causes and effects of Presidential appointments to the Federal Reserve helping to predict the monetary policy voting behavior of prospective Federal Reserve Board appointees. The book closes by developing an innovative plan to restructure the Federal Reserve that would be mutually acceptable to politicians and central bankers, while simultaneously improving inflation performance.

This book provides pathbreaking statistical evidence on when the Administration tried to influence monetary policy and when the Federal Reserve did and did not respond. This revised edition provides the first statistical evidence on why the Federal Reserve behaved the way it did. Included in the book is the SAFER data series (Signalling from the Administration to the Federal Reserve) for the entire 1992--1994 period. Expanded data sets on the effect of Congressional and private pressures on monetary policy will be of interest to market participants and scholars who would use these sources to predict movements in short-term interest rates. This new edition includes recent evidence on the causes and effects of Presidential appointments to the Federal Reserve helping to predict the monetary policy voting behavior of prospective Federal Reserve Board appointees. The book closes by developing an innovative plan to restructure the Federal Reserve that would be mutually acceptable to politicians and central bankers, while simultaneously improving inflation performance. The Pressures on American Monetary Policy Havrilesky, Thomas M. This book provides pathbreaking statistical evidence on when the Administration tried to influence monetary policy and when the Federal Reserve did and did not respond. This revised edition provides the first statistical evidence on why the Federal Reserve behaved the way it did. Included in the book is the SAFER data series (Signalling from the Administration to the Federal Reserve) for the entire 1992--1994 period. Expanded data sets on the effect of Congressional and private pressures on monetary policy will be of interest to market participants and scholars who would use these sources to predict movements in short-term interest rates. This new edition includes recent evidence on the causes and effects of Presidential appointments to the Federal Reserve helping to predict the monetary policy voting behavior of prospective Federal Reserve Board appointees. The book closes by developing an innovative plan to restructure the Federal Reserve that would be mutually acceptable to politicians and central bankers, while simultaneously improving inflation performance.

The basic motivation for this book is my lifelong interest in the relationship between political processes and macroeconomic outcomes, especially in the area of monetary policy. Nowadays, monetary policy is an area where political considerations are believed by scholars to regularly impact upon economic results. In contrast, when my interest in this subject began thirty years ago, the scholarly The basic motivation for this book is my lifelong interest in the relationship between political processes and macroeconomic outcomes, especially in the area of monetary policy. Nowadays, monetary policy is an area where political considerations are believed by scholars to regularly impact upon economic results. In contrast, when my interest in this subject began thirty years ago, the scholarly literature on monetary policy hardly ever mentioned systematic political influences. My dissertation at the University of Illinois in 1966 and my first article (in the Joumal of Political Economy in 1967) addressed the modeling and estimation of the concerns that propel monetary policy. In the political and economic turbulence of the period from the late 1960s through the early 1980s, it became clear that the directions taken by monetary policy were changing with some frequency. My research during that period dealt with models of monetary policy. In attempting to measure these changes, it suggested that monetary policy reactions to the state of the economy were not stable over time. During this period I became interested in reforms which might reduce the resulting instability in the economy. For example, my 1972 article in the Joumal of Political Economy suggested systematic penalties Federal Reserve officials who failed to meet the goal of monetary stability by tying their budgets or salaries inversely to the rate of inflation. Books, Business, Finance and Law~~Economics~~Macroeconomics, The Pressures On American Monetary Policy~~Book~~9780792395614~~Thomas M. Havrilesky, , , , , , , , , ,, [PU: Kluwer Academic Publishers]

Havrilesky, Thomas

Titel:

The Pressures on American Monetary Policy

ISBN-Nummer:

9780792395614

This book provides pathbreaking statistical evidence on when the Administration tried to influence monetary policy and when the Federal Reserve did and did not respond. This revised edition provides the first statistical evidence on why the Federal Reserve behaved the way it did. Included in the book is the SAFER data series (Signalling from the Administration to the Federal Reserve) for the entire 1992--1994 period. Expanded data sets on the effect of Congressional and private pressures on monetary policy will be of interest to market participants and scholars who would use these sources to predict movements in short-term interest rates. This new edition includes recent evidence on the causes and effects of Presidential appointments to the Federal Reserve helping to predict the monetary policy voting behavior of prospective Federal Reserve Board appointees. The book closes by developing an innovative plan to restructure the Federal Reserve that would be mutually acceptable to politicians and central bankers, while simultaneously improving inflation performance.